Cintas Uniform Rental Services Corporation is an American company headquartered in Cincinnati, Ohio, that offers specialized products and services to more than one million clients, mostly in North America. Cintas uniform services designs, manufactures and implements corporate identity uniform rental and laundry programs and services entrance mats, restroom cleaning services and supplies, tile and carpet cleaning services, promotional products, first aid, safety, and fire protection products and services. They run over 400 locations in North America—including 6 manufacturing facilities and 8 distributing locations. Cintas uniform services is a publicly held company traded on the Nasdaq Global Select Market with the symbol CTAS and is a part of the Standard & Poor’s 500 Index.
Cintas uniform services is one of the biggest in the industry more than 35,000 employees in 2018. Total income in fiscal year 2016 was $4.905 billion and net income was $693.52 million. Fortune in the United States, named Cintas uniform services one of the “Most Admired Companies” for 8 successive years, and Report on Business Magazine named the organization one of Canada’s Best Companies.
Cintas Uniform Services Corporation started in 1929 as the Acme Industrial Laundry Company by Richard (Doc) Farmer. He picked up chemical-soaked rags from factories and laundered and returned them to clients for a fee. In the early 1940s, rags were substituted by shop towels—which are uniform in size and shape and much more absorbent than old rags—and tablecloths. By then, the organization’s name had been changed to Acme Wiper and Industrial Laundry.
His grandson, Richard T. (Dick) Farmer, united with the family business in 1956 after graduating from Miami University in Oxford, Ohio. Acme had just 15 employees at the time. Dick Farmer increased uniform rental sales from $300,000 in 1959 to $847,000 in 1963. He then created a business plan to strategically place small uniform and linen rental plants all over the United States. The first plant opened its doors in Cleveland, Ohio in October 1968. In 1972, the organization changed its name to Cintas uniform services and then went public in 1983.
Farmer also tried new products, such as wrinkle & stain resistant fabrics, to grow the organization to a nearly 30 percent market share in uniforms and linen services. Cintas’ recent growth has been primarily through its acquiring more than 220 organizations, decreasing expenses and cutting costs. Since its beginning, Cintas uniform services has purchased itself into industries such as first aid and safety, fire protection, facility services, and tile and carpet cleaning.
In 2015, Cintas uniform services bought Zee Medical from McKesson Corporation for about $130 million. In 2016, Cintas uniform services bought G&K Services for $2.2 billion.
The organization is valued at US$12.97 billion (2017).
In 2003, UNITE HERE and the International Brotherhood of the Teamsters have been embroiled in a battle against Cintas uniform services, accusing it of unfair labor practices. Unite received license plate numbers of Cintas uniform services employees in Pennsylvania, to contact them at their residence and now must pay the employees $2,500 each. The ruling was affirmed by the U.S. Court of Appeals for the Third Circuit. Following the death of a Tulsa, Oklahoma, employee in March 2007, both unions and several Members of Congress called for tougher health and safety standards at the company’s laundries. In May 2007, Cintas uniform services contracted with a Washington, D.C.-based lobbying company, the Podesta Group, to manage their relations with Congress.
Contact us today to get your questions answered by an expert.
We are not a law firm or a substitute for an attorney or law firm. The information provided on this site is not legal advice, does not constitute a lawyer referral service, and no attorney-client or confidential relationship is or should be assumed by use of the site. Your access of/to and use of this site is subject to additional Disclaimer.